Fully Diluted Valuation (FDV) is a way to imagine what the total value of a cryptocurrency would be if all possible coins were available and circulating right now.
This assumes that every coin that can ever exist is already out there and calculates the value accordingly.
Market Cap is a way to measure the current value of a cryptocurrency based on the coins that are actually out there and being traded.
Imagine you have a pizza that's cut into slices:
Each slice represents a coin.
Market Cap is like figuring out the total value of all the slices that people have.
For example, if a coin’s current price is $2:
Market Cap might be calculated using only the 10 million coins in circulation, which would give you 10M × $2 = $20M.
FDV would consider the total possible 10 million coins, resulting in 10M × $2 = $20M
Use the results on Vine as further explanation.

Imagine a coin with 10 million tokens currently in circulation (market cap) but a total of 100 million tokens that could exist (FDV).
If each token is worth $2, then:
Market Cap = 10 million × $2 = $20 million
FDV = 100 million × $2 = $200 million
So, FDV is not equal to market cap when a significant number of tokens are not yet in circulation, which is common in many crypto projects.
Use the result on Trump as a guide
